Why do 80% of investors who chase 10-baggers ultimately lose everything? Howard Chen analyzes the luck factor behind Duan Yongping's 20x NetEase returns and how attribution bias destroys investors. Discover how Buffett's "slow" approach with 19.8% annual returns created 40,000x wealth over 58 years. Build the right investment mindset by understanding the critical difference between luck and skill.

Beginner's luck fools 87% of investors into thinking investing is easy, yet only 4% maintain long-term profits. Learn why early success is more dangerous than failure.

Over 80% of retail investors experience "buy high, sell low" - the root cause is missing investment philosophy. This guide reveals the difference between philosophy vs skills, offering a 3-step method for building your personalized investment system.